Dark Blue Machine Learning Instagram Post (Twitter Post) (1700 × 960 px) (2).png

Dark Blue Machine Learning Instagram Post (Twitter Post) (1700 × 960 px) (1).png

Startup framework envisaged to augment the Government of India's initiatives to encourage and develop an ecosystem in India for supporting Maritime Startups from the technical, regulatory, financial, and marketing points of view by bringing all the stakeholders together. This framework is expected to provide a platform for young and talented entrepreneurs to develop products/services in the marine space with financial, mentoring and incubation support provided jointly by IIMK LIVE and CSL.

Organisers

Cochin Shipyard Limited

IIMK LIVE

Eligibility

a) Start-up, as recognised by DPIIT, to be incorporated not more than 2 years ago at the time of application

b) Start-up must have a business idea to develop a product or a service with market fit, viable commercialization, and scope of scaling

c) Start-up must have the solution or product in the maritime sector for Focus Areas as specified in this Policy

d) Start-up should be using technology in its core product or service, or business model, or distribution model, or methodology to solve the problem being targeted.

e) Start-up should not have received more than Rs 10 lakh of monetary support under any other Central or State Government scheme. This does not include prize money from competitions and grand challenges, subsidized working space, founder monthly allowance, access to labs, or access to prototyping facility

f) Shareholding by Indian promoters in the start-up should be at least 51% at the time of application to incubator for the scheme, as per Companies Act, 2013 and SEBI (ICDR) Regulations, 2018